Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Update

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 100 shares, a drop of 69.3% from the May 31st total of 326 shares. Based on an average daily volume of 4,430 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Potomac Bancshares Price Performance

Shares of Potomac Bancshares stock remained flat at $23.51 on Tuesday. The company’s stock had a trading volume of 220 shares, compared to its average volume of 2,545. The firm has a market cap of $105.56 million, a P/E ratio of 9.96 and a beta of 0.26. Potomac Bancshares has a 52-week low of $16.40 and a 52-week high of $24.00. The business has a 50 day moving average price of $22.25 and a 200-day moving average price of $20.36.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $11.23 million during the quarter.

About Potomac Bancshares

Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.

Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.